it's not going to be, you know, charlie brown with a football all over again. and so, you know i understand that there are lots of my former colleagues reporting on the white house who are convinced that the president won't get this through. this is a one-time negotiation. and the white house knows it's going to be too painful. and frankly, too disruptive to the markets. one thing the republicans keep talking about is certainly. and yet, they want the uncertainty of a default debate. it's not going to happen. >> richard and alex, if i can just add to, that we went through this in 2011 with regard to the debt ceiling. the financial markets reacted very badly. most voters and the financial markets blame the republicans. the republicans were the ones who were threatening the full faith and credit of the united states. they don't want to do this again. and if they do try to do it again, if i were the president, i would say forget about it. just raise the debt ceiling automatically. it's not in the constitution. there are no legislative requirements with regard to a